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How Does Marriott Homes and Villas Compare to Airbnb & Vrbo?
In recent years, the vacation rental market has experienced a massive shift with the emergence of home-sharing platforms like Airbnb and Vrbo or even Google Vacation Rentals.
Airbnb and Vrbo have long been the go-to options for many travelers seeking a more personalized and authentic experience. However, there’s a new player in town: Homes & Villas by Marriott Bonvoy.
As a part of Marriott Hotels, Marriott Homes and Villas platform offers a curated selection of high-end vacation homes, villas, and apartments in some of the world’s most popular destinations like the California wine country and the Amalfi Coast.
Their home rentals promise a more upscale experience for travelers looking for a luxurious home away from home.
But how does Homes and Villas by Marriott Bonvoy stack up against its more established counterparts in home rentals?
Here’s a closer look at the main pros and cons of Homes & Villas by Marriott Bonvoy compared to Airbnb and Vrbo. From pricing to amenities to onboarding, we’ll explore what sets this newcomer apart and what challenges it faces in a highly competitive market. Keep reading so that you can make an informed decision for your home rental business.
Introduction to Homes and Villas by Marriott Bonvoy
Marriott International boasts over 90 years in the hospitality industry and so it was the logical next step to expand their expertise to vacation rentals.
Launched only a few years ago in 2019, Homes and Villas by Marriott Bonvoy is an international home rental platform and a much smaller platform compared to names like Airbnb and Vrbo.
Their unique selling proposition is that they focus only on premium rentals that offer a high level of luxury.
To ensure that the properties in their portfolio live up to these standards, they work with only select property management companies.
Marriott themselves won’t manage the properties, but rather the property management company.
Some of the well-known property management companies that they work with include TurnKey Vacation Rentals and London Residents Club.
It’s currently available in more than 100 destinations across Europe, the United States, Latin America, the Middle East, and the Caribbean, and Africa. Plus, to help guests enjoy that sense of exclusivity, they also have locations in areas like small ski towns and remote islands where they don’t currently have a big hotel presence.
Which Amenities Must Marriott Homes Offer?
Marriott Bonvoy doesn’t manage or clean the home rentals. So, to ensure that all rentals offer the level of luxury promised, every property listed must have the following features:
- An entire private unit with at least one bedroom (a studio doesn’t qualify)
- Luxury design (the property should be at least a four-star property)
- High-speed Wi-Fi
- Smoke and carbon monoxide detectors for properties that have fuel-burning appliances
- A fully equipped kitchen with kitchen essentials like a microwave, utensils, and cookware
- A television
- Premium linens
- On-site laundry facilities
- Bathroom appliances like a hair dryer as well as the basics like toilet paper, shampoo, conditioner, and soap
In addition to these amenities, all properties must also include the following services, in keeping with the Marriott Brand:
- 24-hour check-in (usually contactless) and round-the-clock support
- Professional cleaning before and after each stay (housekeeping during the stay or mid-stay housekeeping isn’t compulsory, but can be offered at an extra fee)
This way, they can keep the properties up to standard and deliver a first-class guest experience, but still, ensure some variation between different properties. For example, house rules can differ from one property to the next, but typically include set quiet hours.
What Are the Rewards for Property Managers and Hosts?
The Marriott brand provides travelers with the best of both worlds when it comes to vacation rentals. They can choose from a variety of top-notch properties and access world-class services and amenities.
Though, what’s in it for property managers? Why should professional management companies use Marriott’s platform?
Here are some of the main benefits:
- By listing on Homes & Villas by Marriott, you’ll be able to reach millions of Marriott Bonvoy members.
- They’re a leading global hotel brand and being affiliated with them can increase the reputation of your own brand.
- With property sizes ranging from one-bedroom condos with ocean views to a six-bedroom guest house offering family-friendly conveniences like a children’s playroom, it appeals to both families/large groups and solo travelers alike.
How Can You List with Homes & Villas by Marriott Bonvoy?
If your property ticks all the boxes of the strict criteria list and you’re searching for an alternative to more mainstream platforms like Airbnb, Booking.com, and Vrbo, listing your home with Marriott can be the next logical step for your business.
To get the process started, both individual homeowners and interested property management companies will need to contact Homes and Villas by Marriott Bonvoy directly.
If you’re a property owner, they’ll then connect you with one of the property management companies in your location (signing up with one of their selected companies is a prerequisite).
Their platform is exclusive to property managers and, unlike other sites like Airbnb, individual hosting isn’t allowed.
What’s the Average Nightly Rate on Homes & Villas by Marriott Bonvoy?
Considering that their unique selling proposition is that only high-end, professionally managed homes are included, you can expect to charge more.
According to online data, multi-bedroom luxury villas can charge as much as $10,000 per night. However, you also get condos that go for as little as $99 per night.
How Does the Marriott Bonvoy Loyalty Program Work for Vacation Rentals?
Homes & Villas platform by Marriott Bonvoy offers a unique loyalty program called Marriott Bonvoy. This program allows travelers to earn Marriott Bonvoy points for their stays.
They can then redeem Marriott Bonvoy points to pay for their stay. This is a great perk for many travelers, helping hosts to attract loyal guests in return.
Here are some of the Ts and Cs of the loyalty program to consider:
- Bonvoy (Marriott program) members can earn five points for every dollar spent.
- For each night that a guest stays at a Marriott Home & Villas property, they’ll earn one elite night.
- When guests choose to redeem points to pay for their accommodation, they won’t be able to earn points. Bonvoy members can only earn points when they pay by means of cash.
More About Marriott Bonvoy
Marriott Bonvoy stands as the esteemed loyalty program of the renowned Marriott hotel company, presenting a pathway to accrue and utilize points for stays across an array of prestigious Bonvoy brands, including The Ritz-Carlton, St. Regis, JW Marriott, Sheraton, Westin, and Renaissance Hotels.
Since the inauguration of its initial hotel in 1957, Marriott has burgeoned into one of the foremost hospitality entities globally.
Enrollment in the Marriott International Bonvoy loyalty program is complimentary, extending access to discounted hotel reservations, complimentary Wi-Fi, and the opportunity to accumulate points toward complimentary stays.
Frequent patrons of Marriott establishments can ascend to Marriott Bonvoy elite status, unlocking supplementary privileges such as extended checkout times, complimentary breakfast, lounge accessibility, and more.
In addition, Marriott presents a selection of co-branded personal credit cards alongside a dedicated business card, facilitating enhanced accumulation of Marriott points.
As Marriott points amass—whether through credit card transactions or hotel stays—one gains the ability to exchange these points for complimentary award nights.
The Cons of Homes & Villas for Vacation Home Owners
What makes Homes & Villas so unique can also be the biggest drawback for hosts and property managers looking to expand their presence. Here are some of the potential drawbacks that you’ll need to keep in mind:
Strict Criteria
If you’re thinking about listing on other platforms, you’ll also need to furnish your property. However, as Homes & Villas is all about luxury, the list of criteria is longer. Wi-Fi, for example, is a prerequisite, instead of simply being strongly recommended. Also, you can’t buy the cheapest linen and towels. For Marriott guests, only premium bedding will do.
Lengthy Selection Process
With platforms like Airbnb, getting started is much easier. Marriott, on the other hand, includes a strict vetting process. This means that where Airbnb hosts could start generating rental income almost immediately, this isn’t the case for properties listed on Marriott.
No Shared Spaces or Studios
While your property doesn’t necessarily need to boast five bedrooms, it should have at least one dedicated bedroom. Also, no shared spaces are allowed.
Working With a Property Management Company is Compulsory
Homes & Villas by Marriott Bonvoy works exclusively with property management companies. This means that, unlike other platforms where individual hosts are allowed to oversee all the day-to-day activities (even the cleaning if they choose to get their hands dirty), this isn’t possible with Marriott International.
The Verdict
Marriott International launched Homes & Villas to compete with the likes of Airbnb and Vrbo. While they all offer vacation rentals, they differ in several unique ways.
The platform is definitely not suited for all properties or owners. If you prefer a more hands-on approach and the ability to meet and greet hosts is just as rewarding as the extra income, listing on Marriott will be an unsatisfactory experience. The process is less personal and lacks the sense of community that Airbnb is known for.
Plus, if you prefer the hands-on approach with a platform like Airbnb, a surefire way to streamline your vacation rental is with automation software like iGMS.
